Insurance is an important consideration when owning jewellery. Insuring your jewellery against loss, theft or damage ensures your piece of mind.

Often insurance companies will ask to see a valuation certificate (not to be confused with a diamond certificate) to establish the value of an item for insurance purposes.

A valuation certificate will specify the market value for an item of jewellery. This is to ensure that in the unfortunate case of a loss or theft, the insurance payout will be enough to replace the item.

The valuation certificate will often be a lot higher than the purchase price and will reflect the recommended retail price.